2022 Regular SessionMaryland Legislature

SB885: Maryland Technology Development Corporation - Maryland Equity Investment Fund - Established

Legislative Summary

Establishing the Maryland Equity Investment Fund in the Maryland Technology Development Corporation; providing for the investment of certain General Fund surplus in certain private equity and venture capital in the State for a certain purpose through the Fund; and altering, for fiscal year 2024, the distribution of certain unappropriated General Fund surplus.

Bill History

2/7/2022
First Reading Budget and Taxation
Senate
2/10/2022
Hearing 3/10 at 1:00 p.m.
Senate
3/16/2022
Favorable with Amendments Report by Budget and Taxation
Senate
3/16/2022
Favorable with Amendments {803428/1 Adopted
Senate
3/16/2022
Second Reading Passed with Amendments
Senate
3/18/2022
Third Reading Passed (46-0)
Senate
3/22/2022
Referred Ways and Means
House of Delegates
3/22/2022
Hearing 3/30 at 1:00 p.m.
House of Delegates
4/5/2022
Favorable Report by Ways and Means
House of Delegates
4/6/2022
Favorable Adopted
House of Delegates
4/6/2022
Second Reading Passed
House of Delegates
4/7/2022
Third Reading Passed (123-15)
House of Delegates
4/7/2022
Returned Passed
Senate
5/16/2022
Approved by the Governor - Chapter 391
Senate

Amendments

Favorable with Amendments 803428/1 Adopted

Favorable with Amendments 803428/1 Adopted

3/16/2022Adopted

Roll Call Votes

Third Reading Passed
4/7/2022
123
Yea
15
Nay
0
Not Voting
3
Absent
Result: PASSED
Third Reading Passed
3/18/2022
46
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED

Status Information

Current Status
Passed(5/16/2022)
Chamber
Senate
Sine Die

Sponsors

Democrat: 2

Co-Sponsors (1)

Documents

Chaptered
Bill Text5/19/2022124.4 KB
Engrossed
Bill Text3/16/2022137.2 KB
Introduced
Bill Text2/10/2022110.1 KB